Start-ups

Female Start Aperitivo enters next round

17 April 2024
Nationwide pitch to raise visibility of female founders, increase capital and improve networking - Hamburg to host finals on June 6

The winners of the annual Female Start Aperitivo pitch contest will be announced on June 6, 2024 at the Knust music club in St. Pauli. The winners receive EUR 5,000 in prize-money while other prizes will be presented for start-up coaching and mentoring. Launched by the Hamburg Investors Network and the WEstartupSH platform, the contest is one of several initiatives in Hamburg to boost female founders. Women accounted for only 20 per cent of founders in 2023, according to the German Startup Monitorb (DSM). On top of that, male teams received almost nine times more venture capital in 2022 resulting in a significant gender pay gap, according to the Female Founder Monitor said.

Finals in Hamburg 

The series of events gives female founders a platform to present their ideas to a jury, investors and a large audience. The semi-finals will be held in ten German states with ten start-ups each from April to May. Hamburg’s semi-final will be held in the Oberhafen rehearsal hall on May 15, 2024. Other venues are in Heidelberg, Lübeck, Rostock, Munich, Dresden, Hanover, Frankfurt, Cologne and Berlin. The respective winner will then go through to the final in Hamburg on June 6, 2024. Start-ups with at least one female founder in the team or on the management board can enter.

Raising visibility of female founders

The contest should give women founders more networking opportunities and make it easier for their startups to get off the ground. The Female Start Aperitvo 2024 is backed by the Startup City Hamburg and sponsored by the Ministry of Economics and Innovation, Hamburgische Investitions- und Förderbank (IFB Hamburg) and IFB Innovationsstarter GmbH. 

fw/mm/sb/pb

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